BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

X to Revolutionize Peer-to-Peer Payments in 2024

by BlockNews.com Team
January 9, 2024
in BUSINESS, FINANCE, TECHNOLOGY
Reading Time: 3 mins read
A A
2
SHARES
41
VIEWS
Share on XShare in TelegramShare on Reddit
  • X plans to launch peer-to-peer payments in 2024, marking the latest major change since Elon Musk acquired the company in 2022.
  • The blog post offered no specifics on how the payments will work or when they will launch, just that they will “unlock more user utility and opportunities for commerce.”
  • Musk aims to transform X into an “everything app” where users can post, manage finances, and more. X has already added crypto/stock trading features and plans more original content and ads.

Elon Musk‘s social media platform X, formerly known as Twitter, announced it will launch peer-to-peer payments this year according to a Tuesday blog post. Introducing peer-to-peer commerce to the platform would mark the latest sweeping change at X since Musk acquired the company for $44 billion in late 2022.

JUST IN: X will launch peer-to-peer payments this year

Crypto has not been cited to have any involvement (yet)

— BlockNews.com (@blocknewsdotcom) January 9, 2024

Details on the New Payments Feature

The blog post did not offer specific details about how the payments will work or when they will officially launch. X said the payments will “unlock more user utility and opportunities for commerce” as the platform works to “revolutionize 2024.”

Musk’s Vision for an “Everything App”

Musk, who is also the CEO of Tesla and SpaceX, has been pushing to transform X into an “everything app” where users can carry out a variety of functions from posting to managing finances. In a post on X in July, Musk said the company planned to add “comprehensive communications and the ability to conduct your entire financial world.”

Previous Efforts to Expand X’s Offerings

Months earlier, X introduced a feature in partnership with eToro, a social trading company, that allows users to access cryptocurrencies, stocks and other types of financial assets. The company said it will also introduce more original content and talent, continue to invest in creators and content partnerships, and strengthen ads this year, according to the Tuesday blog post.

X’s Ambitious Goals

“X is not just another app, it’s becoming the everything app seamlessly uniting experiences into one interface for everyone,” the company wrote. X did not immediately respond to CNBC’s request for comment.

Tags: cryptoElon MuskSpaceXteslatwitter
Tweet1ShareShare
Previous Post

Unity Software Cuts Deep: 1,800 Jobs Slashed in Major Restructuring

Next Post

Gary Gensler Advises Extreme Caution When Investing in Crypto Assets

DON'T MISS THESE! HOT OFF THE PRESS

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling
CRYPTO

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

July 1, 2025
Pi Coin in July 2025: Rebound Brewing or Another Breakdown?
CRYPTO

Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

July 1, 2025
VeChain Struggles to Regain Steam After December Peak
CRYPTO

VeChain Struggles to Regain Steam After December Peak

July 1, 2025
Toncoin and Telegram: The Sleeping Giant of 2025?
BITCOIN

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL
BITCOIN

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules
CRYPTO

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Load More

Related News

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

July 1, 2025
Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

July 1, 2025
VeChain Struggles to Regain Steam After December Peak

VeChain Struggles to Regain Steam After December Peak

July 1, 2025
Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

July 1, 2025
Toncoin and Telegram: The Sleeping Giant of 2025?

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.